Over 4,780 acres of DDA land has been encroached upon

DELHI: Over 4,780 acres of land belonging to Delhi Development Authority ( DDA) has been encroached upon in the national capital, the government said on August 22.

The data was shared in the Rajya Sabha by minister of state for Urban Development through a written response to a question.

“DDA has informed that the land reported as encroached (upon) as on August 7, 2013 is 4,789 acres,” the minister said.

She added that a media house was reported to be in illegal occupation of an institutional plot in the Wazirpur industrial area. She said that a status quo had been granted by a judicial court in the matter.

In response to another question, the minister said, “It had not been found possible to allot the desired land to the government of Gujarat for construction of one more Gujarat Bhawan in New Delhi.

DELHI: Gurgaon-Manesar is one of the fastest growing cities in the country. The new Master Plan-2031, which merged Gurgaon and Manesar, expands the existing city to create more residential property units, social infrastructure like schools, hospitals, playgrounds, and physical infrastructure.

DELHI: Asserting WAVE Infratech’s corporate office as the most sustainable building in the region, the U.S. Green Building Council (USGBC) has awarded WAVE Infratech with LEED Platinum certification. The LEED (Leadership in Energy and Environmental Design) rating system, developed by USGBC is the most respected and widely used certification program for commercial buildings and communities that are designed, constructed, maintained and operated for improved environmental and human performance.

DELHI: The National Real Estate Development Council (NAREDCO) today urged the Union Government to lower the minimum requirement for developers’ eligibility of Foreign Direct Investment in real estate sector. “This is necessary to bring in more FDI and create more jobs in the real estate sector in the country and help smaller developers meet their funding requirement,” says Sunil Mantri, Vice President of NAREDCO.

DELHI: With MCD property tax worth crores of rupees due against various government and private organisations, the civic body has now offered immunity till November 30, waiving penalty and interest on payments under a new settlement scheme to benefit thousands of residents.

DELHI: The new Master Plan-2031 of Gurgaon-Manesar Urban Complex will bring in more areas for infrastructural development. The new plan is a boon for the realty sector as it has given more room for planned development of residential and commercial setups. In the new plan, the land reserved for special economic zones has been annulled and this land will now be allotted to builders for housing projects, malls, hotels, and office complexes.

DELHI: Low-cost housing in Gurgaon might sound incongruous, given the sky-high prices of apartments but the Haryana government has baby-stepped towards the concept by launching a new affordable housing policy recently.